Oman’s ambassador to Pakistan stresses on enhancing bilateral trade

ISLAMABAD: In a visit to Islamabad Chamber of Commerce and Industry (ICCI) on Thursday, Oman’s Ambassador to Pakistan Sheikh Mohammed Omar Ahmed...

CDNS provided over Rs79mn for automation project

ISLAMABAD: The government has so far released an amount of Rs79.396 million for the automation project of Central Directorate of National Savings...

Strategy on cards to go after tax-evaders, growth target achievable: Rana Afzal

ISLAMABAD: Finance Minister Rana Muhammad Afzal Khan on Thursday said the government was devising a strategy to go after the tax-evaders and initially...

Inefficiencies, admin losses of power sector be cut down to address circular debt: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed an overhaul of the power transmission, distribution and recovery process of the Distribution...

Engro Polymer approves capital expenditure of Rs10.3 billion for new PVC plant, other projects

LAHORE: A bourse notification filed by Engro Polymer & Chemicals revealed its board of directors approved a capital expenditure of Rs10.3 billion...

Profit, dividend repatriation increased 28.9 percent during July-Nov 2017

KARACHI: State Bank of Pakistan on Wednesday released data pertaining to profit and dividend repatriation on foreign direct investment (FDI) which rose...

MOIP set to accord brownfield status to Dewan Motors

ISLAMABAD: The Ministry of Industries and Production (MOIP) has decided to accord Brownfield status to Dewan Farooq Motors Limited, Dewan Dachan Motors...

Miftah Ismail targets boosting exports and economic growth

ISLAMABAD: Newly appointed Advisor to Prime Minister on Finance, Miftah Ismail on Wednesday reiterated his resolve of keeping a focus on increasing...

Dewan Petroleum given clean chit in Rs36 billion gas pricing dispute

ISLAMABAD: A dispute which erupted after a rise in well-head gas price regarding Dewan Petroleum has been resolved after an arbitrator appointed...

Finance Ministry clueless about total cost of Karachi circular railway

ISLAMABAD: Ministry of Finance (MoF) is reportedly clueless about the total cost of Karachi Circular Railway (KCR) project which comes under China-Pakistan...

Current account deficit can be contained in coming months, says: SBP

ISLAMABAD: The State Bank of Pakistan voiced hope the current account deficit could be reined into a manageable level in the next...

Soyabean oil imports rose 71.93 pc during July-November 2017

ISLAMABAD: Edible oil imports including soyabean and palm oil during five months of current financial year grew by 71.93 percent and 29.24...

Pakistan, Russia should strengthen cooperation in economic sector

LAHORE: Pakistan and Russia should strengthen cooperation in all economic sectors for mutual interests. This was stated by LCCI President Malik Tahir Javaid...

Low financing to SMEs despite cut in policy rate: APBF

KARACHI: All Pakistan Business Forum has urged the commercial banks to improve its financing for small and medium enterprises (SMEs) sector which...

Finance ministry denies Pakistan seeking to raise another $1.5 billion via bonds

ISLAMABAD: The Ministry of Finance has denied the news that Pakistan is seeking to raise another $1.5 billion via bonds during remainder...